..............of St. Warren (Buffett that is). Victor Davis Hanson includes Mr. Buffett in the pantheon of liberals who espouse a set of laws for the little people, then act in ways that directly contradict such espousal. Full essay is here. Buffett excerpt is here:
Multibillionaire Warren Buffett is a tireless advocate of hiking inheritance taxes on small businesses and farms. But he has pledged much of his wealth to the Gates Foundation, a ploy that will cost the federal Treasury billions of dollars in lost revenue. Meanwhile, if inheritance taxes go up, millions of terrified Americans will double up on their life-insurance policies — an industry central to the multibillion-dollar Buffett empire. It never seems to occur to the liberal-minded Buffett that there is something tawdry about advocating a policy that he not only seeks mostly to avoid, but will even profit from.
Thursday, January 10, 2013
Tarnishing the halo....................
Labels:
Behavior,
government,
Human Nature,
Law,
politics,
Silly Rules,
taxation
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